Alot of people that pay premiums in most cases never file claims for total loses in regards to homes. In Cane country (Like where I live) , it's for damage on structures that can be salvaged like roofs. So if I have a policy for 10 years with zero claims and then my roof gets damaged and is replaced at $8,000 or so, and I have paid $12,000 ( I pay about $1,800 on $250,000 home probably will shoot up over $2000 next year ) in premiums during that time span, is it ethical for them to cut you lose after one fricken claim? Better yet if you have paid for that time span and you have no claims at all, is it? Then when one of the big boy companies leave, the smaller ones raise their premiums accordingly because people have no other place to turn too.
Try telling your mortage company you are not buying insurance.
Ha, ha, ha!
"Try telling your mortgage company you are not buying insurance."
If you don't want to buy homeowners' insurance, don't borrow money to buy your house; i.e., don't give someone else an insurable interest in your property.